Tuesday, 27 December 2016

Dissolved Gas Analyzer Market To Witness Swift Growth Owing To Enhanced Demand In Infrastructure Development Projects Worldwide Till 2024: Grand View Research, Inc.



The global dissolved gas analyzer market is estimated to reach a valuation of USD 1.11 billion by 2024 according to a new study by Grand View Research, Inc. The augmented demand to monitor the transformer health in order to increase operational efficiency is expected to significantly fuel the adoption of the product over the forecast period. Dissolved gas analyzers are primarily utilized to identify faults in the power transformers positioned at an early stage. This enables energy companies (utilities) to establish maintenance programs meant for repairing, avoiding faults, and extending the durability of power transformers.
The growing awareness pertaining to the fault probability of high-voltage transformers, paired with the high cost of replacing depreciating transformers, has significantly escalated the product demand. Stringent safety and efficiency regulations imposed by the government of developed countries, such as the U.S., has instigated power transformer users to adopt dissolved gas analyzers. Additionally, the rising adoption of online Dissolved Gas Analysis (DGA), owing to benefits including the remote and continuous monitoring of transformer health, is expected to catapult the market growth over the forecast period.
The Digital Gas Analyzer (DGA) market is characterized by several technological trends. The surging demand for safe power transformers impels industrialists to innovate and find better technological solutions to fulfill the unmet needs of customers. For instance, in February 2013, Qualitrol introduced the new QNet4100 intelligent system for the alarm management and discrete event monitoring. With the widespread adoption of Industrial Internet of Thing (IIoT), a high level of automation may be witnessed in the entire fault detection process in the energy sector. Furthermore, the snowballing deployment of smart grid in the U.S., UK, Germany, China, and India would drive the adoption of gas analyzers to detect fault over the forecast period.


Further key findings from the study suggest:
·         On the basis of extraction type, the headspace extraction segment is anticipated to witness a robust growth at a far exceeding 14% over the forecast period. This can be attributed to the low risk of operator error from excessive handling of the sample during injection and preparation. In addition to this, the advantage of automating the process associated with this technique is also one of the key factors for the growth in the revenue of this particular segment. Vacuum extraction accounted for the majority market share in 2015 owing to the early development of this extraction technique
·         The power rating segment comprises 100-500 MVA, 501-800 MVA, and 801-1200 MVA DGA devices. The 100-500 MVA power rating gas analyzers segment accounted for more than 60% of the overall revenue share in 2015 and is estimated to grow at a CAGR of more than 12% over the forecast period. The low price and low maintenance costs associated with these devices are one of the primary factors for the adoption of dissolved gas analyzers with these ratings
·         On the basis of analysis type, the laboratory services segment accounted for over 35% of the overall revenue share in 2015. This is primarily attributed to the snowballing R&D investments for developing innovative and efficient methods for aging diagnostics. Furthermore, the growing emphasis by utilities on avoiding failures and lowering the maintenance cost is expected to drive the comprehensive DGA monitoring segment growth over the coming years
·         The Asia-Pacific dissolved gas analyzers market is estimated to grow at a CAGR of more than 13% over the next eight years; this is due to the increased government spending in the industrial infrastructure projects as well as power transformers in order to expand the power capacity to meet the electricity shortage particularly across the emerging economies including India, China, and Indonesia. North America is expected to grow at a moderate pace mainly due to the escalating need to detect faults among the newly installed transformers paired with the growing demand for increasing the lifespan of the old transformers
·         Notable players in the industry include ABB Ltd., Doble Engineering, General Electric, LumaSense Technologies, Morgan Schaffer Inc., Siemens, and Weidmann. The industry is technology driven and continuously evolving. Prominent industry players invest heavily in R&D activities for new product development and product enhancement in order to gaina competitive advantage.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the dissolved gas analyzers market on the basis of extraction type, power rating, analysis type, and region:
Dissolved Gas Analyzers Extraction Type Outlook (Revenue, USD Million, 2013 - 2024)
·         Vacuum Extraction or Rack Method
·         Head Space Extraction
·         Stripper Column Method
·         Others (Multiple Gas extractor)
Dissolved Gas Analyzers Power Rating Outlook (Revenue, USD Million, 2013 - 2024)
·         100 - 500 MVA
·         501 - 800 MVA
·         801 - 1200 MVA
Dissolved Gas Analyzers Analysis Type Outlook (Revenue, USD Million, 2013 - 2024)
·         Smoke Alarms
·         Early Warning DGA Monitoring
·         Comprehensive DGA Monitoring
·         Laboratory Services
·         Database Software
·         Portable DGA Devices
Dissolved Gas Analyzers Regional Outlook (Revenue, USD Million, 2013 - 2024)
·         North America
·         U.S.
·         Canada
·         Mexico
·         Europe
·         UK
·         Germany
·         France
·         Italy
·         Asia Pacific
·         China
·         India
·         Japan
·         South Korea
·         Australia
·         Latin America
·         Brazil
·         Middle East & Africa
·         GCC
·         South Africa

For press release of this report - http://www.grandviewresearch.com/press-release/global-dissolved-gas-analyzer-dga-market

Monday, 26 December 2016

Automotive Sensor Market Is Projected To Develop Swiftly, To Reach $36.76 Billion By 2022: Grand View Research, Inc.



The Global Automotive Sensor Market size is expected to reach USD 36.76 billion by 2022, according to a new study by Grand View Research, Inc. Favorable government regulations for increasing overall passenger security and safety is expected to augment market demand over the forecast period. These products have become an important part of automobiles, and detect physical parameters such as speed and heat and take preventive measures in case of any danger.
Growing consumer adoption of electric, hybrid and hydrogen fuel-cell-powered motor vehicles is expected to drive demand for battery monitoring. Image sensor-based ADAS systems have become essential for tracking and identifying potential hazards. Additionally, rising number of autonomous vehicles in yielding lower fuel consumption and reduced traffic congestion features in developing countries such as Japan and China is expected to favorably impact the automotive sensor market. Demand for retrofitting of advanced systems into the existing motor vehicle fleet is also expected to augment demand.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/automotive-sensors-market

Further key findings from the study suggest:
·         Advanced proximity and positioning sensors help remotely determine the location of an object, and this segment is expected to grow at a CAGR of over 11.0% from 2015 to 2022. These products include radar, infrared, ultrasonic, and laser devices, and are finding application in detection of objects around vehicles in addition to occupancy sensing.
·         Sensors used for safety and security applications monitor wheel speed, occupant position tire inflation, etc. For instance, Jaguar F-type uses these products for blind spot monitoring and close vehicle sensing designed to alert the driver about the presence of another vehicle in an adjacent lane by providing a visual warning indicator in the door’s mirror.
·         Asia Pacific is expected to remain the leading regional market through the forecast period. The North American automotive sensor market is characterized by the presence of a stringent regulatory landscape. The U.S. NHTSA is attempting to control driver support technologies and direction of automotive collision avoidance. The government is expected to mandate fitment of V2V safety technology in future cars. In addition, the U.S. Association of Automobile Manufacturers (AMM) is expected to leverage rear-view camera and removing side-view mirrors, which can reduce noise and fuel consumption. Outsourcing of manufacturing process to low-cost countries like Mexico, China, Bulgaria, Malaysia, India or the Dominican Republic due to high labor costs in the U.S. is a key industry trend.
·         Major industry participants such as Bosch focus on research and development to ensure product differentiation. The company’s R&D efforts have focused on development of efficient methods for ensuring reliability, precise 3D environment recognition, and securing the electronics architecture through constant plausibility checks on the data supplied. Other key players such as Freescale, Sensata, and Denso Corporation provide products that cater to a wide range of applications, such as ADAS, body electronics, chassis and safety, etc.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/sensors-and-controls

For the purpose of this study, Grand View Research has segmented the automotive sensor market on the basis of product, application and region:
Automotive Sensor Product Outlook (Revenue, USD Million, 2012 - 2022)
·         Physical Property
·         Process Variable
·         Proximity & Positioning
·         Chemical Property
·         Others
Automotive Sensor Application Outlook (Revenue, USD Million, 2012 - 2022)
·         Engine & Drivetrain
·         Safety & Security
·         Emission Control
·         Others
Automotive sensor Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         North America
·         Europe
·         Asia Pacific
·         Latin America
·         MEA

For press release of this report - http://www.grandviewresearch.com/press-release/global-automotive-sensors-market

Automotive Lighting Market To 2022 – Industry Share, Regional Outlook, Application Analysis: Grand View Research, Inc.



The automotive lighting market is anticipated to reach USD 34.65 billion by 2022. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market.
Increasing apprehensions about using energy efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry are expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques.
Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry.


Further key findings from the study suggest:
·         The increase in demand for eco-friendly LED technologies on account of high efficiency, reduced CO2 levels, and high power, is expected to propel growth. Companies have been trying to develop eco-friendly LED to promote product differentiation and strengthen their global foothold. LEDs are used in daytime running lights (DRL), parking light, brake lights and turning lights. LEDs are preferred over xenon and halogen lights owing to optimum light bearing capacities and improved design which lead to increased shelf life. 
·         The adaptive headlight is an active safety feature that is intended to enhance the drivers’ visibility in poorly illuminated areas. It encompasses functionalities including automatic rotation which can sync with sensors and adjust brightness and intensity of light. Front lighting segment constituted for over 70.0% of the total revenue in 2014 owing to the availability of advanced features including automatic rotation which can sync with automatic brightness modules and sensor response. Extreme climatic conditions in Europe and North America is expected to trigger demand for fog lights over the forecast period. 
·         Automotive lighting industry in Asia Pacific is estimated to grow at a CAGR of over 8.0% and acquire a market share of about 45.0% over the forecast period. The continuous expansion of suppliers coupled with a vast production base is expected to position this region as the market leader. Countries including India, Japan, and China account for the major production base for vehicles globally, thus offering extensive growth opportunities. 
·         Key companies including Hella KGaA Hueck & Co., Koito Manufacturing Co., Magneti Marelli S.p.A and Valeo. Vendors usually employ the strategy of new product development and mergers & acquisitions to enter new markets. The introduction of low-cost LEDs and energy-efficient alternatives is foreseen as a cost-effective strategy for the industry.

Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the automotive lighting market on the basis of technology, application, and region:
Automotive Lighting Technology Outlook (Revenue, USD Million, 2012 - 2022)
·         Halogen
·         Xenon
·         LED
Automotive Lighting Application Outlook (Revenue, USD Million, 2012 - 2022)
·         Front/headlamps
·         Rear
·         Side
·         Interior
Automotive Lighting Regional Outlook (Revenue, USD Million, 2012 - 2022)
·         North America
·         Europe
·         Asia Pacific
·         RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-automotive-lighting-market

Automated Test Equipment Market Will Grow Rapidly Owing To Increasing Adoption Of System On Chip (Soc) Till 2020: Grand View Research, Inc.



The Global Automated Test Equipment Market is expected to reach USD 4.48 billion by 2020, according to a new study by Grand View Research, Inc. Increased demand for consumer electronics is expected to drive the market over the forecast period. Increased design complexity due to adoption of system on chip has resulted in need for effective testing, which is expected to favorably impact the market.
Fluctuating demand for semiconductors is expected to pose a challenge to the growth of this market due to its adverse effects on the profitability of industry participants. Consolidated nature of the market may prove to be a barrier for industry growth. Expansion of wireless networks and significant developments in the manufacturing process of semiconductors are factors conducive for market growth over the next six years.


Further key findings from the study suggest:
  • Non-memory ATE dominated the global market and accounted for over 75% of the overall market share in 2013. This is primarily due to increased proliferation of smartphones into the market, expansion of Long Term Evolution (LTE) wireless communication standard, increased automotive demand, and growing number of microcontroller-based applications.
  • IT & telecommunication accounted for over 50% of the overall market share in 2013, which can be attributed to the proliferation of computers, smartphones and tablets in the market and increased emphasis on effective communication. Automotive application sector is expected to witness significant growth owing to increased integration of sophisticated electronic devices in automobiles.
  • Asia Pacific is expected to be the market leader over the next six years, and accounted for over 70% of the market in 2013, owing to the presence of large number of semiconductor industries in the region and rapid technological advancements. RoW is expected to witness significant growth over the forecast period.
  • Key industry participants include National Instruments Corp., LTX-Credence Corporation, Agilent Technologies Inc., Cal-Bay Systems, Aeroflex Inc., Anritsu Co., SPEA S.p.A, Advantest Corporation, Teradyne Inc., Advint LLC, and Rohde & Schwarz GmbH & Co. KG among others.
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/electronic-devices

For the purpose of this study, Grand View Research has segmented the global Automated Test Equipment (ATE) market on the basis of product, application and region:
Automated Test Equipment Product Outlook (Revenue, 2012 – 2020)
            • Memory ATE
            • Non-memory ATE
            • Discrete ATE
Automated Test Equipment Application Outlook (Revenue, 2012 – 2020)
            • Automotive
            • Consumer
            • Defense
            • IT & Telecommunication
            • Others
Automated Test Equipment Regional Outlook (Revenue, 2012 – 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

For press release of this report - http://www.grandviewresearch.com/press-release/global-automated-test-equipment